WTF are shadow vacancies?

By Hailey Mensik

This article as first published by Digiday sibling WorkLife

The return to office appears to be stalling. Office occupancy has hovered around 50% all this year, according to data from Kastle Systems, a company that tracks office badge swipes. And companies now have a better picture of exactly how much of their office space is actually getting used.

Accordingly, about 75% of businesses plan to reduce office square footage next year, according to a survey from hybrid work platform Robin, including responses from over 500 business owners and facilities managers. That’s up 30% from last year. It comes amid financial challenges pushing them to cut back on costs, but also as they consider exactly what kind of spaces staff need while working in-person on a handful of days a week.

Continue reading this article on digiday.com. Sign up for Digiday newsletters to get the latest on media, marketing and the future of TV.

…read more

Source:: Digiday

      

Aaron
Author: Aaron

Related Articles